The Latest Breaking News from Victoria Scholar

Stock exchange float will raise less than owner SoftBank hoped, but could still be biggest IPO of year

London (AFP) - British telecoms group BT said Thursday it will axe up to 55,000 jobs by the end of the decade in the latest tech jobs cull in response to rampant inflation.

More than £50billion was wiped off the value of Britain’s 100 biggest listed firms as the failure of tech sector lender Silicon Valley Bank spooked stock markets. Here's what you could you expect next

The index of largest companies listed on the London Stock Exchange reaches its highest level

Energy giants are reaping the benefits of high energy prices. Shell followed ExxonMobil in doubling its annual profit for 2022 to nearly $40 billion, the highest in its 115-year history. It's sparked outrage among climate activists and those calling for higher taxes as households struggle with high energy bills. Also…

The UK’s largest housebuilder said it was pausing recruitment of new employees and introducing further controls for new site openings to manage working capital

New York (AFP) - Wall Street stocks surged Monday while European and Asian markets dropped as investors braced for interest rate decisions this week from major central banks, including the Federal Reserve.

Retailer reports third-quarter sales growth but warns of uncertain outlook and £7.5m hike in energy bill

Soaring natural gas prices are likely to drive consumer price inflation to 13.3% in October, the bank said. That will push Britain into recession later this year, bank forecasts show.